Highlights
- This report provides information on unaudited spending by the Government of Ontario (the Province) through the end of the 2024-25 fiscal year (March 31, 2025).
Changes to the 2024-25 Spending Plan
- In the 2024 Ontario Budget, the Province started the 2024-25 fiscal year with a spending plan of $217.0 billion.[1]
- The Province may change its spending plan throughout the year, either by requesting additional spending authority from the Legislature or by reallocating spending among different programs through Treasury Board Orders.
- By the end of the fiscal year, March 31, 2025, the Province’s revised spending plan was up $10.7 billion to $227.7 billion.
- By sector, there were spending plan increases in health ($6.2 billion), ‘other programs’ ($2.1 billion), justice ($1.3 billion), children, community and social services ($1.0 billion), postsecondary education ($0.5 billion) and education ($0.5 billion). These spending plan increases were partially offset by a net $1.0 billion drawdown from the Contingency Fund.
2024-25 Unaudited Spending versus Revised Spending Plan
- Based on available information, the FAO estimates that unaudited spending by the Province in 2024-25 was $226.7 billion. Compared to the revised spending plan of $227.7 billion, unaudited spending was $1.0 billion (-0.5 per cent) less than planned.
- By sector, lower-than-planned spending was led by interest on debt (-$1.2 billion, -7.5 per cent), followed by ‘other programs’ (-$0.6 billion, -1.6 per cent), children, community and social services (‑$0.2 billion, -1.1 per cent), justice (-$0.1 billion, -0.9 per cent) and education (-$0.1 billion, -0.1 per cent). Postsecondary education ($1.2 billion, 9.2 per cent) and health ($0.5 billion, 0.6 per cent) had higher-than-planned spending.
- For information on spending by all of the Province’s programs and ministries, visit the FAO’s website at: https://fao-on.org/en/EM-2024-25-Q4-Spending.
2024-25 Unaudited Spending versus 2023-24 Audited Spending
- This report also compares 2024-25 unaudited spending against 2023-24 audited spending to provide context for provincial spending trends and to identify significant year-over-year spending changes.
- The FAO estimates that spending in the 2024-25 fiscal year was $17.0 billion (8.1 per cent) higher than in 2023-24.
- The largest year-over-year spending increase was in health ($6.2 billion, 7.3 per cent), followed by ‘other programs’ ($6.1 billion, 19.0 per cent), children, community and social services ($1.2 billion, 6.3 per cent), justice ($1.1 billion, 17.5 per cent), education ($1.0 billion, 2.5 per cent), interest on debt ($0.8 billion, 5.3 per cent) and postsecondary education ($0.7 billion, 5.0 per cent).
2024-25 Unaudited Spending: FAO Estimate versus 2025 Ontario Budget Interim Projection
- The FAO’s estimate that unaudited spending by the Province in 2024-25 was $226.7 billion is $0.9 billion less than the Province’s interim spending projection in the 2025 Ontario Budget of $227.6 billion. The main differences between the FAO’s and the Province’s estimates are in health ($1.2 billion above the Province’s projection), ‘other programs’ (-$1.5 billion below the Province’s projection), postsecondary education (-$0.4 billion) and education (-$0.3 billion).
- Final audited 2024-25 spending will be available in the 2024-25 Public Accounts of Ontario, which will be released in September 2025.
Status of the Contingency Fund
- The Contingency Fund is used to address spending pressures or fund program changes during the fiscal year. The funds within the Contingency Fund cannot be spent directly by the Province but must be transferred to government programs through Treasury Board Orders.
- The Province started the 2024-25 fiscal year with a total of $1.5 billion in the Contingency Fund.
- In the first and second quarters, the Province transferred $0.1 billion and $0.7 billion, respectively, from the Contingency Fund to various programs.
- In the third quarter, the Province topped up the Contingency Fund by $0.9 billion, transferred $0.6 billion from the Contingency Fund to various programs, and transferred $1.8 billion from various programs to the Contingency Fund.
- In the fourth quarter, the Province transferred $4.5 billion from the Contingency Fund to various programs and transferred $2.2 billion from various programs to the Contingency Fund.
- At year-end, the Contingency Fund had a remaining balance of $0.5 billion.
Introduction
This report provides information on the Government of Ontario’s (the Province’s) spending through the end of the 2024-25 fiscal year (March 31, 2025). The report:
- identifies changes made to the Province’s 2024-25 spending plan;
- reviews unaudited spending in 2024-25 against both the Province’s spending plan and audited spending in 2023-24;
- compares unaudited spending in 2024-25 to the Province’s interim projection from the 2025 Ontario Budget; and
- tracks transfers from the Province’s Contingency Fund.
This report reviews spending on a fully consolidated basis, consistent with Ontario Budgets and the Public Accounts of Ontario.[2] The information in this report is based on the FAO’s analysis of transactions recorded in the Province’s Integrated Financial Information System (IFIS) as of April 17, 2025, other adjustments identified by the Province, and the FAO’s estimate of additional spending by the broader public sector organizations controlled by the Province (hospitals, school boards, colleges and Children’s Aid Societies), the Province’s agencies and legislative offices. All figures are unaudited, as final audited figures are not available until the release of the Public Accounts of Ontario.
2024-25 Spending Plan
As presented in the 2024 Ontario Budget, the Province began the fiscal year with a spending plan of $217.0 billion.[3] This spending plan represents the legal spending authority for ministries as granted by the Legislature through the process of supply,[4] and an estimate of additional spending by the broader public sector organizations controlled by the Province (hospitals, school boards, colleges and Children’s Aid Societies), the Province’s agencies and legislative offices.
Changes to the 2024-25 Spending Plan
The Province may change its spending plan throughout the year, either by requesting additional spending authority from the Legislature through Supplementary Estimates or by reallocating spending among different programs through Treasury Board Orders. In addition, Special Warrants may be issued to authorize spending when the Legislature is not in session, such as during a general election.
After accounting for Supplementary Estimates, Special Warrants, Treasury Board Orders and other adjustments, by the end of the fiscal year, March 31, 2025, the Province’s spending plan was up $10.7 billion to $227.7 billion. By sector, the largest spending plan increase during the fiscal year was in health ($6.2 billion), followed by ‘other programs’ ($2.1 billion), justice ($1.3 billion), children, community and social services ($1.0 billion), postsecondary education ($0.5 billion) and education ($0.5 billion). These spending plan increases were partially offset by a net $1.0 billion drawdown from the Contingency Fund.
| Sector | 2024-25 Spending Plan | Q1 Changes | Q2 Changes | Q3 Changes | Q4 Changes | Total Changes | Revised 2024-25 Spending Plan |
|---|---|---|---|---|---|---|---|
| Health | 84,961 | – | 17 | 458 | 5,694 | 6,169 | 91,130 |
| Education | 39,306 | – | 16 | – | 500 | 516 | 39,822 |
| Postsecondary Education | 12,189 | – | 3 | 9 | 523 | 535 | 12,724 |
| Children, Community and Social Services | 19,926 | – | 51 | – | 956 | 1,007 | 20,932 |
| Justice | 5,878 | – | 307 | 25 | 950 | 1,282 | 7,161 |
| Other Programs | 36,818 | 53 | 229 | 2,488 | -656 | 2,113 | 38,931 |
| Unallocated Funds: | |||||||
| Contingency Fund | 1,505 | -96 | -665 | 2,034 | -2,247 | -973 | 532 |
| Interest on Debt | 16,464 | – | – | – | – | – | 16,464 |
| Total | 217,047 | -42 | -43 | 5,014 | 5,721 | 10,650 | 227,697 |
Third and Fourth Quarter Analysis
This section highlights key third and fourth quarter spending plan changes by sector. For information on all of the Province’s programs and ministries, visit the FAO’s website at: https://fao-on.org/en/EM-2024-25-Q4-Spending.
Health: $6,152 million increase. Notable changes include:
- $3,711 million increase for Ontario Health insurance (Vote-Item 1405-1), largely for payments to physicians and practitioners.
- $1,781 million increase for Health Services (Vote-Item 1416-1), including $1,009 million for the Operation of Hospitals, $257 million for Home Care and $122 million for Community Support Services.
- $833 million increase for Drug Programs (Vote-Item 1405-2).
- $327 million increase for Population and Public Health (Vote-Item 1406-4), including $124 million for Outbreaks of Diseases and $108 million for Personal Protective Equipment, Critical Supplies and Equipment.
- $292 million increase for Programs and Administration (Vote-Item 1416-2), including $111 million for Regional Coordination Operations Support and $72 million for Digital Health.
- $136 million increase for Health Policy and Research (Vote-Item 1402-1), largely for the Clinical Education program.
- $122 million increase for Emergency Health Services (Vote-Item 1412-2), largely for municipal and air ambulance services.
- $232 million decrease for Provincial Programs (Vote-Item 1412-1), including a $305 million decrease for Community and Priority Services.
- $242 million decrease for Health Capital Program (Vote-Item 1407-1), largely for Major Hospital Projects.
- $762 million decrease for Long-Term Care Homes Program (Vote-Item 4502-1), which funds the operation and development of long-term care homes.
Education: $500 million increase.Notable changes include:
- $942 million increase for Policy and Program Delivery (Vote-Item 1002-1), largely for School Board Operating Grants.
- $161 million increase for Support for Elementary and Secondary Education (Capital) (Vote-Item 1002-3), largely for School Board Capital Grants.
- $401 million decrease for Policy Development and Program Delivery (Vote-item 1004-1), largely for Child Care.
Postsecondary Education: $532 million increase.Notable changes include:
- $503 million increase for Colleges, Universities and Student Support (Vote-Item 3002-1), largely for Student Financial Assistance Programs.
Children, Community and Social Services: $956 million increase.Notable changes include:
- $746 million increase for Financial and Employment Supports (Vote-Item 702-3), largely for Ontario Works – Financial Assistance.
- $106 million increase for Supports to Individuals and Families (Vote-Item 702-21).
Justice: $975 million increase. Notable changes include:
- $604 million increase for Settlements – Other, the Crown Liability and Proceedings Act.
- $154 million increase for Institutional Services (Vote-Item 2605-3).
- $144 million increase for External Relations Branch (Vote-Item 2603-5), largely for the Federal-Provincial First Nations Policing Agreement.
Other Programs: $1,831 million increase. Notable changes include:
- $3,026 million increase for Ministry of Finance – Tax and Benefits Administration (Vote-Item 1209-1), largely for the Ontario Taxpayer Rebate program.
- $512 million increase for Ministry of Transportation – Transit (Vote-Item 2702-2), largely for Metrolinx Operating Subsidies.
- $263 million increase for Ministry of Municipal Affairs and Housing – Community and Market Housing (Vote-Item 1904-2), largely for Homelessness Programs (New Deal).
- $126 million increase for Ministry of Transportation – Operations and Maintenance (Vote-Item 2707-1).
- $116 million increase for Ministry of Indigenous Affairs – Land Claims and Self-Government Initiatives (Vote-Item 2001-2), for Land Claim Settlements.
- $105 million increase for Ministry of Infrastructure – Government Real Estate (Vote-Item 4006-2).
- $101 million increase for Ministry of Energy – Policy and Programs (Vote 2902-1), largely for Pumped Storage Project.
- $95 million increase for Ministry of Public and Business Service Delivery – Enterprise Business and Financial Services (Vote-Item 1811-5), largely for Personal Protective Equipment, Critical Supplies and Equipment.
- $114 million decrease for Ministry of Municipal Affairs and Housing – Community and Market Housing Capital (Vote-Item 1904-4), largely for the Building Faster Fund.
- $158 million decrease for Ministry of Infrastructure – Infrastructure Partnership Projects (4007-2), largely for East Harbour Transit-Oriented Communities.
- $221 million decrease for Ministry of Transportation – Transit (Vote-Item 2702-3), largely for Municipal Transit (Capital).
- $746 million decrease for Ministry of Energy – Electricity Price Mitigation Programs (Vote-Item 2905-1), largely for the Ontario Electricity Rebate.
- $779 million decrease for Ministry of Economic Development, Job Creation and Trade – Economic Development, Job Creation and Trade (Vote-Item 902-13), including $415 million for Industrial Land Development and $327 million for Strategic Investments.
- $1,092 million decrease for Ministry of Infrastructure – Infrastructure Policy, Planning and Projects (Vote-Item 4003-2), including $886 million for Broadband and Cellular Infrastructure.
2024-25 Unaudited Spending
2024-25 Unaudited Spending versus Revised Spending Plan
As noted above, the Province’s revised spending plan for 2024-25 was $227.7 billion. Based on information provided to the FAO by the Province and the FAO’s estimate of additional spending by broader public sector organizations, provincial agencies and the legislative offices, the FAO estimates that unaudited spending by the Province in 2024-25 was $226.7 billion. Overall, 2024-25 unaudited spending was $1.0 billion (-0.5 per cent) less than planned.
By sector, lower-than-planned spending was led by interest on debt (-$1,240 million, -7.5 per cent), followed by ‘other programs’ (-$636 million, -1.6 per cent), children, community and social services (-$222 million, -1.1 per cent), justice (-$67 million, -0.9 per cent) and education (-$52 million, -0.1 per cent). Conversely, postsecondary education ($1,166 million, 9.2 per cent) and health ($548 million, 0.6 per cent) had higher-than-planned spending. Additionally, the Contingency Fund had a remaining year-end balance of $532 million, which contributes to lower-than-planned spending.
| Sector | Revised 2024-25 Spending Plan | 2024-25 Unaudited Spending | Unaudited Spending vs. Revised Spending Plan | Unaudited Spending vs. Revised Spending Plan (%) |
|---|---|---|---|---|
| Health | 91,130 | 91,678 | 548 | 0.6% |
| Education | 39,822 | 39,770 | -52 | -0.1% |
| Postsecondary Education | 12,724 | 13,891 | 1,166 | 9.2% |
| Children, Community and Social Services | 20,932 | 20,711 | -222 | -1.1% |
| Justice | 7,161 | 7,093 | -67 | -0.9% |
| Other Programs | 38,931 | 38,295 | -636 | -1.6% |
| Unallocated Funds: | ||||
| Contingency Fund | 532 | – | -532 | N/A |
| Interest on Debt | 16,464 | 15,224 | -1,240 | -7.5% |
| Total | 227,697 | 226,662 | -1,035 | -0.5% |
The rest of this section highlights key program spending that was above and below plan in 2024-25. For information on spending by all of the Province’s programs and ministries, visit the FAO’s website at: https://fao-on.org/en/EM-2024-25-Q4-Spending.
Health sector spending: $548 million (0.6 per cent) more than planned. Highlights include:
- $1,421 million more than planned in operating spending by hospitals.
- $192 million less than planned in Long-Term Care Homes Program (Operating) (Vote-Item 4502-1), which funds the operation and development of long-term care homes.
- $335 million less than planned in Health Capital (Vote-Item 1407-1), which mostly funds infrastructure spending for hospitals.
- A net $345 million less than planned in the remaining vote-items and consolidation adjustments in the health sector.
Postsecondary education sector spending: $1,166 million (9.2 per cent) more than planned, largely due to an estimated $1,220 million in higher-than-planned operating spending by colleges as a result of a later-than-expected impact from the federal government’s intake cap on international students.
Children, community and social services sector spending: $222 million (-1.1 per cent) less than planned. Highlights include:
- $50 million less than planned in Children and Adult Services Program – Supports to Individuals and Families (Vote-Item 702-21), which includes Supportive Services, Development Services Supportive Living, Autism, and other programs.
- $192 million less than planned in Financial and Employment Supports (Vote-Item 702-3), which includes the Ontario Disability Support Program, Ontario Works and the Ontario Drug Benefit Plan.
Other programs sector spending: $636 million (-1.6 per cent) less than planned. Highlights include:
- $754 million higher than planned in Ministry of Indigenous Affairs, Statutory Appropriations, Mercury Disability Fund – Trustee, English and Wabigoon River Systems Mercury Contamination Settlement Agreement Act, 1986.
- $173 million less than planned in Ministry of Economic Development, Job Creation and Trade, Economic Development and Innovation (Vote-Item 902-13), which funds a number of business support programs.
- $185 million less than planned in Ministry of Energy, Electricity Price Mitigation (Vote-Item 2905-1), which includes electricity subsidy programs such as the Ontario Electricity Rebate and Comprehensive Electricity Plan.
- $1,485 million less than planned in Transit (Capital) (Vote-Item 2702-3), including $1,332 million less for Metrolinx infrastructure projects.
- A net $453 million higher than planned in the remaining vote-items and consolidation adjustments in the ‘other programs’ sector.
Interest on Debt spending: $1,240 million (-7.5 per cent) less than planned.
2024-25 Unaudited Spending versus 2023-24 Audited Spending
This report also compares 2024-25 unaudited spending against 2023-24 audited spending to provide context for provincial spending trends and to identify significant year-over-year spending changes.
As noted above, the FAO estimates that the Province spent $226.7 billion in 2024-25. This was $17.0 billion (8.1 per cent) more than was spent in 2023-24. The largest year-over-year spending increase was in health ($6,221 million, 7.3 per cent), followed by ‘other programs’ ($6,104 million, 19.0 per cent), children, community and social services ($1,235 million, 6.3 per cent), justice ($1,057 million, 17.5 per cent), education ($959 million, 2.5 per cent), interest on debt ($763 million, 5.3 per cent) and postsecondary education ($656 million, 5.0 per cent).
| Sector | 2023-24 Audited Spending | 2024-25 Unaudited Spending | 2024-25 vs. 2023-24 | 2024-25 vs. 2023-24 (%) |
|---|---|---|---|---|
| Health | 85,458 | 91,678 | 6,221 | 7.3 |
| Education | 38,811 | 39,770 | 959 | 2.5 |
| Postsecondary Education | 13,235 | 13,891 | 656 | 5.0 |
| Children, Community and Social Services | 19,476 | 20,711 | 1,235 | 6.3 |
| Justice | 6,037 | 7,093 | 1,057 | 17.5 |
| Other Programs | 32,191 | 38,295 | 6,104 | 19.0 |
| Interest on Debt* | 14,461 | 15,224 | 763 | 5.3 |
| Total* | 209,668 | 226,662 | 16,994 | 8.1 |
- The health sector spent $6,221 million (7.3 per cent) more in 2024-25 compared to 2023-24, largely due to higher spending for:
- payments to physicians and practitioners ($2,947 million), partially driven by increases in physician fees following a September 2024 arbitration award;
- operating spending by hospitals ($2,161 million), largely due to higher spending on employee compensation;
- the operation of long-term care homes ($513 million), driven by investments to increase direct care hours for long-term care residents;
- Home Care ($486 million); and
- Drug Programs (Vote-Item 1405-2) ($369 million).
- The education sector spent $959 million (2.5 per cent) more in 2024-25 compared to 2023-24, largely due to higher operating spending by school boards ($222 million) and higher spending on the Child Care and Early Years program ($607 million), which includes the Province’s commitment to provide an average of $10-a-day child care by 2026.
- The postsecondary education sector spent $656 million (5.0 per cent) more in 2024-25 compared to 2023-24, largely due to higher spending on student financial assistance ($567 million) and grants for university operating costs ($51 million), partially offset by lower operating spending by colleges (-$44 million).
- The children, community and social services sector spent $1,235 million (6.3 per cent) more in 2024-25 compared to 2023-24, largely due to higher spending for:
- Ontario Disability Support Program – Financial Assistance ($361 million);
- Ontario Works – Financial Assistance ($324 million); and
- Developmental Services – Supportive Living ($140 million).
- The justice sector spent $1,057 million (17.5 per cent) more in 2024-25 compared to 2023-24, largely due to higher spending for:
- Ministry of the Attorney General, Settlements – Other, the Crown Liability and Proceedings Act ($575 million); and
- Ministry of the Solicitor General, Federal-Provincial First Nations Policing Agreement ($128 million)
- The ‘other programs sector’ spent $6,104 million (19.0 per cent) more in 2024-25 compared to 2023-24, largely due to higher spending for:
- Ministry of Finance, Ontario Taxpayer Rebate ($2,947 million);
- Ministry of Indigenous Affairs, Statutory Appropriations, Mercury Disability Fund – Trustee, English and Wabigoon River Systems Mercury Contamination Settlement Agreement Act, 1986 ($753 million);
- Ministry of Energy, the Ontario Electricity Rebate ($407 million);
- Ministry of Economic Development, Job Creation and Trade, Strategic Investments ($374 million);
- Ministry of Infrastructure, Broadband and Cellular Infrastructure ($318 million);
- Ministry of Municipal Affairs and Housing, Building Faster Fund (Capital) ($277 million);
- Treasury Board Secretariat, Employee and Pensioner Benefits (Employer Share) Program (Vote 3403) ($301 million);
- Ministry of Infrastructure, Housing-Enabling Water Systems Fund ($251 million);
- Ministry of Labour, Immigration, Training and Skills Development, Employment and Training ($142 million); and
- Ministry of Finance, Government Business Enterprise – Other Transaction ($131 million);
- Ministry of Natural Resources, Infrastructure for Natural Resource Management (-$166 million); and
- Ministry of Mines, Environmental Remediation for Mining (-$342 million)
- Interest on debt spending was $763 million (5.3 per cent) more in 2024-25 compared to 2023-24.
2024-25 Unaudited Spending: FAO Estimate versus 2025 Ontario Budget Interim Projection
In the 2025 Ontario Budget, the Province projected that unaudited spending in 2024-25 was $227.6 billion. As noted above, the FAO estimates that unaudited spending in 2024-25 was $226.7 billion. Overall, the FAO’s estimate is $0.9 billion (0.4 per cent) less than the Province’s projection. The main differences between the FAO’s and the Province’s estimates are in health ($1.2 billion, or 1.3 per cent, above the Province’s projection), ‘other programs’ (-$1.5 billion, or -3.8 per cent, below the Province’s projection), postsecondary education (‑$0.4 billion, or -2.5 per cent, below the Province’s projection), and education (-$0.3 billion, or -0.7 per cent, below the Province’s projection).
Final audited 2024-25 spending will be available in the 2024-25 Public Accounts of Ontario, which will be released in September 2025.
| Sector | Interim Projection 2025 Ontario Budget | FAO Estimate | FAO vs. Province | FAO vs. Province (%) |
|---|---|---|---|---|
| Health | 90,526 | 91,678 | 1,152 | 1.3 |
| Education | 40,037 | 39,770 | -267 | -0.7 |
| Postsecondary Education | 14,243 | 13,891 | -352 | -2.5 |
| Children, Community and Social Services | 20,625 | 20,711 | 86 | 0.4 |
| Justice | 7,150 | 7,093 | -57 | -0.8 |
| Other Programs* | 39,793 | 38,295 | -1,498 | -3.8 |
| Interest on Debt | 15,224 | 15,224 | 0 | 0.0 |
| Total | 227,598 | 226,662 | -936 | -0.4 |
Status of the Contingency Fund
The Contingency Fund is used to address spending pressures or fund program changes during the fiscal year. The funds within the Contingency Fund cannot be spent directly by the Province but must be transferred to government programs through Treasury Board Orders.
The Province started the 2024-25 fiscal year with a total of $1.5 billion in the Contingency Fund.
- In the first and second quarters, the Province transferred $96 million and $665 million, respectively, from the Contingency Fund to various programs.
- In the third quarter, the Province topped up the Contingency Fund by $900 million, transferred $648 million from the Contingency Fund to various programs, and transferred $1,782 million from various programs to the Contingency Fund.
- In the fourth quarter, the Province transferred $4,457 million from the Contingency Fund to various programs and transferred $2,210 million from various programs to the Contingency Fund.
- At year-end, the Contingency Fund had a remaining balance of $532 million.
| Opening Balance | Q1 Transfers to Ministries | Q2 Transfers to Ministries | Q3 Top-Up | Q3 Transfers to Ministries | Q3 Transfers to C-Fund | Q4 Transfers to Ministries | Q4 Transfers to C-Fund | Balance at Year-End |
|---|---|---|---|---|---|---|---|---|
| 1,505 | -96 | -665 | 900 | -648 | 1,782 | -4,457 | 2,210 | 532 |
| Ministry/Program | $ millions | |
|---|---|---|
| Opening Contingency Fund Balance as of April 1, 2024 | 1,505 | |
| Less: Total First Quarter Transfer to Ministries | -96 | |
| Less: Total Second Quarter Transfer to Ministries | -665 | |
| Add: Third Quarter Top-Up | 900 | |
| Third Quarter Transfers to Ministries | ||
| Ministry of the Attorney General | ||
| Alcohol and Gaming Commission of Ontario (Operating) | 9 | |
| Alcohol and Gaming Commission of Ontario (Operating Asset) | 1 | |
| Ministry of Colleges and Universities | ||
| Capital Grants – Universities | 8 | |
| Research Operating Costs | 1 | |
| Ministry of Economic Development, Job Creation and Trade | ||
| Sector Support Grants | 3 | |
| Ministry of Education | ||
| Funding to External Partners | <1 | |
| Ministry of Finance | ||
| Government Business Enterprise | 44 | |
| Ministry of Indigenous Affairs | ||
| Land Claims Settlements | 100 | |
| Ministry of Labour, Immigration, Training and Skills Development | ||
| Employment and Training | 155 | |
| Ministry of Municipal Affairs and Housing | ||
| Homelessness Programs (New Deal) | 240 | |
| Homelessness Programs (Capital) | 20 | |
| National Housing Strategy Programs (Capital) | 19 | |
| National Housing Strategy Programs (Operating) | 6 | |
| Ministry of Natural Resources and Forestry | ||
| Public Protection | 20 | |
| Sustainable Resource Management * | <1 | |
| Ministry of Northern Development | ||
| Northern Infrastructure (Capital) | 5 | |
| Ministry for Seniors and Accessibility | ||
| Seniors Affairs Transfer Payment | 1 | |
| Ministry of the Solicitor General | ||
| Miscellaneous Grants – Policing Services | 16 | |
| Less: Total Third Quarter Transfer to Ministries | -648 | |
| Third Quarter Transfers to Contingency Fund from Ministries | ||
| Ministry of Energy | ||
| Ontario Electricity Rebate | 500 | |
| Ministry of Finance | ||
| Ontario Electricity Financial Corporation Dedicated Electricity Earnings | 467 | |
| Ministry of Infrastructure | ||
| Broadband and Cellular Infrastructure | 273 | |
| Ministry of Long-Term Care | ||
| Long-Term Care Homes – Operations | 542 | |
| Add: Total Third Quarter Transfers to Contingency Fund from Ministries | 1,782 | |
| Fourth Quarter Transfers to Ministries | ||
| Cabinet Office | ||
| Main Office | <1 | |
| Ministry of Agriculture, Food and Agribusiness | ||
| Various Programs | 6 | |
| Ministry of the Attorney General | ||
| Political Contribution Tax Credit | 10 | |
| Various Programs | 125 | |
| Ministry of Children, Community and Social Services | ||
| Ontario Works – Financial Assistance* | 676 | |
| Children’s Activity Tax Credit | <1 | |
| Various Programs | 264 | |
| Ministry of Citizenship and Multiculturalism | ||
| Various Programs | 3 | |
| Ministry of Colleges and Universities | ||
| Student Financial Assistance Programs | 517 | |
| Ministry of Economic Development, Job Creation and Trade | ||
| Ontario Innovation Tax Credit | 41 | |
| Ontario Business-Research Institute Tax Credit | 12 | |
| Regional Opportunities Investment Tax Credit | 5 | |
| Ministry of Education | ||
| Ontario Child Care Tax Credit | 58 | |
| Various Programs | 615 | |
| Ministry of Energy | ||
| Northern Ontario Energy Credit | <1 | |
| Ministry of Francophone Affairs | ||
| Francophone Affairs Co-ordination | <1 | |
| Ministry of Health | ||
| Ontario Drug Programs* | 303 | |
| Outbreaks of Diseases* | 124 | |
| Community Support Services* | 122 | |
| Regional Coordination Operations Support | 111 | |
| Personal Protective Equipment, Critical Supplies and Equipment* | 108 | |
| Community Health Centres* | 100 | |
| Healthy Homes Renovation Tax Credit | <1 | |
| Various Programs | 610 | |
| Ministry of Indigenous Affairs | ||
| Land Claim Settlements | 16 | |
| Ministry of Labour, Immigration, Training and Skills Development | ||
| Employment and Training | 100 | |
| Ministry of Mines | ||
| Various Programs | 37 | |
| Ministry of Natural Resources | ||
| Regional Operations Support Programs | 11 | |
| Forestry Initiatives | 10 | |
| Public Protection | <1 | |
| Various Programs | 76 | |
| Ministry of Northern Economic Development and Growth | ||
| Northern Development (Capital Asset)* | 30 | |
| Ministry of Public and Business Service Delivery and Procurement | ||
| Various Programs | 184 | |
| Ministry of the Solicitor General | ||
| Various Programs | 48 | |
| Ministry of Transportation | ||
| Metrolinx Operating Subsidies | 129 | |
| Ontario Seniors Public Transit Tax Credit | 2 | |
| Less: Total Fourth Quarters to Ministries | -4,457 | |
| Fourth Quarter Transfers to Contingency Fund from Ministries | ||
| Ministry of Colleges and Universities | ||
| Colleges, universities and student support (Operating Asset) | 85 | |
| Capital Grants – Colleges | 13 | |
| Capital Grants – Universities | <1 | |
| Ministry of Economic Development, Job Creation and Trade | ||
| Industrial Land Development | 393 | |
| Strategic Investments | 327 | |
| Economic Development, Job Creation and Trade (Operating Asset) | 92 | |
| Invest Ontario Fund | 66 | |
| Jobs and Prosperity Fund and Other Business Support Programs | 19 | |
| Life Sciences Strategy | 9 | |
| Sector Support Grants | 3 | |
| Commercialization and Innovation Network Support | <1 | |
| Ministry of Energy | ||
| Ontario Electricity Rebate | 50 | |
| Comprehensive Electricity Plan | 16 | |
| Ontario Electricity Support Program | 15 | |
| Distribution Rate Protection | 15 | |
| Energy Development and Management (Operating Asset) | 11 | |
| Policy and Programs – Services | <1 | |
| Energy Support, Engagement and Indigenous Partnership Programs | <1 | |
| Ministry of Environment, Conservation and Parks | ||
| Improving Municipal Wastewater and Stormwater Management | 13 | |
| Environmental Sciences and Laboratory Infrastructure (Capital Asset) | 8 | |
| Ontario Parks Infrastructure (Capital Asset) | 8 | |
| Environmental Sciences and Standards | 5 | |
| Lake Simcoe Phosphorus Reduction Project | 1 | |
| Wastewater Monitoring and Public Reporting | <1 | |
| Species at Risk in Ontario Stewardship | <1 | |
| Land and Water – Conservation and Water Protection | <1 | |
| Environmental Policy and Programs | <1 | |
| Supporting Agricultural Washwater Treatment | <1 | |
| Ministry of Finance | ||
| Temporary and Other Local Assistance | 4 | |
| Tax and Benefits Administration | 1 | |
| Ministry of Infrastructure | ||
| Broadband and Cellular Infrastructure | 160 | |
| Housing-Enabling Water Systems Fund | 76 | |
| Broadband and Cellular Infrastructure (Operating) | 49 | |
| Community, Culture and Recreation (Federal Contributions) | 42 | |
| Municipal Housing Infrastructure Program | 24 | |
| Community, Culture and Recreation (Provincial Contributions) | 17 | |
| Strategic Priorities and Infrastructure Fund | 15 | |
| Government Real Estate (Operating) – Services | 14 | |
| Government Real Estate (Capital) | 10 | |
| Infrastructure Partnership Projects & Agency Oversight – Services | 8 | |
| ICIP – COVID-19 Resilience (Federal Contribution)* | 5 | |
| Rural and Northern Infrastructure – Federal Contribution | 4 | |
| Legislative Building Restoration | 3 | |
| Rural and Northern Infrastructure – Provincial Contribution | 3 | |
| Infrastructure Policy, Planning, and Projects | 2 | |
| Clean Water and Wastewater Fund – Federal Contributions | <1 | |
| Clean Water and Wastewater Fund – Provincial Contributions | <1 | |
| Ministry of Labour, Immigration, Training and Skills Development | ||
| Employment and Training | 92 | |
| Ontario Co-operative Education Tax Credit | 21 | |
| Skills Development Fund Capital | 9 | |
| OHS Prevention (Capital Asset) | 4 | |
| Prevention Office | <1 | |
| Ministry of Long-Term Care | ||
| Long-Term Care Homes – Operations | 219 | |
| Ministry of Mines | ||
| Focused Flow-Through Share Tax Credit | 8 | |
| Ministry of Municipal Affairs and Housing | ||
| Building Faster Fund | 135 | |
| Advances and Recoverable Amounts (Operating Asset) | 4 | |
| Ministry of Seniors and Accessibility | ||
| Ontario Seniors Care at Home Tax Credit | 23 | |
| Ministry of Tourism, Culture and Sport | ||
| Grants in Support of Sport and Recreation | 34 | |
| Ontario Film and Television Tax Credit | 14 | |
| Ontario Book Publishing Tax Credit | <1 | |
| Treasury Board Secretariat | ||
| Supply Ontario | 46 | |
| Treasury Board Support (Capital Asset) | 6 | |
| Supply Chain Policy and Oversight Division – Salaries and Wages | <1 | |
| Add: Total Fourth Quarter Transfers to Contingency Fund from Ministries | 2,210 | |
| Contingency Fund Balance at Year-End | 532 |
Footnotes
[1] 2024-25 planned spending includes a restatement for Interest on Debt expense to exclude interest and investment income to align with the fiscally neutral accounting change introduced in the 2025 Ontario Budget.
[2] Prior to 2024-25, Expenditure Monitor reports reviewed spending by the Province’s ministries and excluded additional spending by the broader public sector organizations controlled by the Province (hospitals, school boards, colleges and Children’s Aid Societies), the Province’s agencies and the legislative offices.
[3] 2024-25 planned spending includes a restatement for Interest on Debt expense to exclude interest and investment income to align with the fiscally neutral accounting change introduced in the 2025 Ontario Budget.
[4] Temporary spending authority is first granted by the Legislature through the Interim Appropriation Act, with final spending authority then granted through the Supply Act. Permanent spending authority is also granted through other legislation for a limited number of programs.